Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Zentry Secures Strategic Funding to Propel Metagame Layer Development

Zentry Secures Strategic Funding to Propel Metagame Layer Development

Cryptonews2024/05/31 09:25
By:Hongji Feng
Zentry Secures Strategic Funding to Propel Metagame Layer Development image 0

Zentry, formerly known as GuildFi, has secured funding in a strategic round to build its Metagame Layer.

According to a press release shared with Cryptonews.com, the funding round included investments from Spartan Capital, Synergis, LongHash Ventures and DWF Labs. Animoca, Binance Labs , Coinbase Ventures and Pantera Capital have previously supported the company.

Metagame Layer to Unite Gamers Across Platforms


The new funding has increased Zentry’s treasury to over $150 million, including 16,000+ ETH , positioning the company to advance the development of the Metagame Layer for future web3 gaming and social experiences.

“As we build the Metagame Layer to unite all games and experiences into one vibrant Play Economy, adding the invaluable relationships from Spartan Capital, Synergis and LongHash was a no brainer,” said Zentry founder and CEO Jarindr Thitadilaka.

“They each bring deep expertise in gaming, virtual worlds and decentralized technologies – which will be critical as we execute our empowering vision to link people’s online and IRL activity to web3’s economic incentive layers,” said Thitadilaka.

GuildFi Rebands as Zentry in April


In April, GuildFi rebranded as Zentry as a part of the relaunch. It announced to introduce a new token conversion program where holders of the original GuildFi token $GF could convert it to the new token $ZENT.

Up the rebrand, the company also announced plans to build Metagame Layer, aimed at uniting three billion gamers into a single economy, regardless of the platform used. This layer will integrate loyalty systems, gamer identities, and cross-world activities from various games and platforms.

“Gamification of everyday life will continue to be a dominant trend going forward, and we believe Zentry is well positioned to build a unique social layer that better connects the digital and physical worlds,” said Synergis Capital founder and Managing Partner Jerry Shi.

“As the network effects of Zentry’s community platform grow it has the potential to become the dominant distribution source for new games and entertainment,” stated Shi.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!